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The report in focus

Automotive Industry In Russia. Results of 2019. Prospects

Automotive Industry In Russia. Results of 2019. Prospects

Exit date 02.06.2020

Format PDF, 55 стр.

Price 960 eur.

report contains information on automotive vehicle production in Russia, particularly passenger cars and commercial vehicles

02 june more info

Analytics

Russian dealers of Ford began sales of updated Mondeo

Ford Mondeo sedan has received a technological upgrade aimed at the safety improving of the car and improving of the intelligent driver assistance systems. People can order updated Ford Mondeo at all official Ford dealers in Russia.

05 julymore info

Infographics

Price segmentation of the car market in Russia in the first half of 2018

News

KAMAZ is going to increase the market share of vehicles of the new model range up to 15%

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The Annual General Meeting of KAMAZ shareholders was held in Naberezhnye Chelny. In the meeting there were reviewed the results of the company's activities for 2017, informed the press service of KAMAZ. The profit by the results of 2017 exceeded 156 billion rubles, which is more by 18% than a year before.

Net profit increased five-times - almost up to 3.5 billion rubles (in 2016 - 656 million rubles). Investments in the production development and development of a new model range grew by 74% - up to 14.3 billion rubles. In 2017, 38,192 cars were sold, which is more by 11% than a year ago. At the same time, sales in Russia grew by 18% and they were 33,154 cars. There were sold spare parts for more than 18.7 billion rubles (+ 36% by 2016). The products of diversification were produced for 8.1 billion rubles, which is more by 18% than in 2016.

Export of vehicles, assembly kits of parts and spare parts was carried out in more than 50 countries of the world. At the end of 2017, more than 5,000 units of KAMAZ vehicles were delivered abroad and the most important sales territories remain Kazakhstan, Cuba, Turkmenistan, and Vietnam. “The primary task of 2018 is the growth of sales of trucks up to 43,000 units and the share increase of new KAMAZ vehicles in the domestic market from 8% to 15%. The market is recovering, its growth was 53% only in 2017, and we should use this opportunity to strengthen our positions and move foreign producers. For this purpose, we will increase investment in the development of production facilities in order to begin the mass production of K5 generation of vehicles in 2019,” - said Sergey Chemezov, the general director of Rostech state corporation, the chairman of the board of directors of KAMAZ. “An important production success of the year was the exit of KAMAZ to the finish  line in the implementation of the largest project for the last time: the production of a new family of inline six-cylinder engines for a new generation of vehicles has been organized," - said Sergey Kogogin, General Director of KAMAZ, speaking to shareholders. "At the same time, serious steps have been taken in developing the concept of a new cab for K5 generation of vehicles and the construction of a new plant." According to Sergey Kogogin, in 2018, KAMAZ will have to work on the largest projects that will allow the company to make a qualitative step in the developing of the range of products and enter new markets.

03.07.18 AUTOSTAT
Source: www.autostat.ru